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Writing off an alarm system
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scorp122
Daycare.com Member
Join Date:
Feb 2015
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#1
Writing off an alarm system
11-02-2015, 12:29 PM
Does anyone know, if you get an alarm system for your house, ADT, or something, can you write off the monthly fees on your taxes?
Thank you,
Thriftylady
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11-02-2015, 05:24 PM
I think it depends on several things. Do you use it during daycare hours? IF so you may be able to do it on your time space.
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TomCopeland
Business Author/Trainer
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Jun 2010
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#3
11-04-2015, 07:31 AM
alarm system
Originally posted by
scorp122
Does anyone know, if you get an alarm system for your house, ADT, or something, can you write off the monthly fees on your taxes?
Thank you,
Yes, this would be considered an "ordinary and necessary" expense for your business. Use your time-space % for the monthly fee.
http://www.tomcopelandblog.com
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